v3.25.4
Consolidated Statements of Cash Flows - CNY (¥)
¥ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Cash generated from operating activities ¥ 4,155,000 ¥ 15,473,652 ¥ 15,247,997
Income tax paid (2,338,229) (2,753,240) (10,292,941)
Net cash generated from operating activities 1,816,771 12,720,412 4,955,056
Cash flows from investing activities      
Proceeds from sale of investment assets 63,241,901 67,272,800 98,932,443
Proceeds from sale of property and equipment 9,664 8,464 19,943
Net cash used in acquisition of subsidiaries (697,426) 0 0
Interest received on investment assets 852,631 825,725 1,707,552
Payment for acquisition of investment assets (60,664,549) (71,550,315) (98,064,856)
Securities purchases under agreements to resell, net 0 0 5,527,177
Payment for property and equipment and other long-term assets (72,565) (51,279) (129,365)
Net cash inflow/(outflow) from disposal of subsidiaries (641) 25,075 0
Net cash generated from investing activities 2,669,015 (3,469,530) 7,992,894
Cash flows from financing activities      
Proceeds from capital contribution from the non-controlling shareholder of subsidiaries 0 0 15,938
Proceeds from exercise of share-based payment 2,172 252 95,911
Proceeds from borrowings 9,041,818 14,618,467 9,046,338
Repayment of borrowings (14,226,298) (17,920,237) (5,794,772)
Payment for early redemption and extension of convertible promissory notes payable 0 (3,642,931) (3,747,386)
Repayment of optionally convertible promissory notes payable 0 (8,342,096) 0
Repayment of convertible promissory notes payable (51,266) 0 0
Repayment of bonds payable 0 (2,163,195) 0
Payment for lease liabilities (289,615) (486,942) (617,800)
Payment for interest expenses (626,050) (1,531,239) (1,213,186)
Payment for dividend declared (5,132,615) (1,435,461) (7,717,474)
Payment for acquisition of non-controlling interests of subsidiary 0 (199,200) 0
Refund of cash reserved for repurchase of ordinary shares 0 854,624 0
Net cash used in financing activities (11,281,854) (20,247,958) (9,932,431)
Effect of exchange rate changes on cash and cash equivalents 17,278 (20,353) 57,025
Net increase/(decrease) in cash and cash equivalents (6,778,790) (11,017,429) 3,072,544
Add: Cash and cash equivalents at the beginning of the year 18,577,225 29,594,654 26,522,110
Cash and cash equivalents at the end of the year ¥ 11,798,435 ¥ 18,577,225 ¥ 29,594,654